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Lamborghini has revealed the Aventador LP 750-4 Superveloce, or SV, at the Geneva motor show. The supercar takes the Aventador to even greater extremes with 740 hp, a curb weight reduced by 110 pounds, and improved aerodynamics.

The Aventador SV achieves its lighter curb weight of 3362 pounds thanks to extensive use of carbon fiber, which is now used in the door panels, rockers, and fenders. On the standard Aventador, carbon fiber is already used in the monocoque. The naturally aspirated 6.5-liter V-12 has been redesigned with optimized Variable Valve Timing and Variable Intake systems, resulting in a gain of 49 hp to 750 PS (740 hp) and a higher redline of 8500 rpm. Torque remains the same at 509 lb-ft. A new lightweight exhaust system lowers back pressure while enhancing the V-12 engine’s sound. Power is still sent to all four wheels via a seven-speed automated manual gearbox and permanent all-wheel drive system.

The Aventador’s pushrod suspension has been upgraded with magnetorheological dampers, which adapt to surface conditions and can be adjusted based on selected driving mode. The suspension reduces body roll and brake diving, according to Lamborghini. A new electromechanical steering system adjusts the steering ratio based on speed and driving mode, and has been tuned for better stability at high speeds and easier maneuverability at low speeds. The Aventador SV is underpinned by 20-inch forged wheels in the front and 21-inch rims in the back, all wrapped in Pirelli P Zero Corsa high-performance tires. Carbon ceramic brakes come standard.

Lamborghini says overall aerodynamics for the SV have been optimized by 150 percent, with downforce increasing 170 percent compared to the standard Aventador. The biggest change is a manually adjustable carbon fiber rear wing with three different settings. In addition, a large carbon fiber front splitter provides downforce while a rear diffuser with vertical fins helps improve airflow beneath the car and increase stability. All of the performance enhancements add up to a claimed 0-62 mph time of 2.8 seconds and a top speed of more than 217 mph.

Inside, the Aventador SV emphasizes its carbon fiber construction, with parts of the composite monocoque exposed including the center tunnel and side sills. Other carbon fiber details include the SV’s unique sport bucket seats and door panels. Helping to save weight is the deletion of carpet and certain noise insulation parts, as well as the infotainment system. However, Lambo says the infotainment system can be included at no cost. The instrument cluster is new, including a predominantly yellow TFT screen, blue shift light, and g-force indicator.

The Lamborghini Aventador LP 750-4 Superveloce will be available in Europe beginning late spring at a price of 327,190 euros (roughly $366,000 at today’s exchange rates) minus registration costs.

UPDATE: A previous version of this article listed the Aventador SV’s metric horsepower output, not the SAE-rated number.